Raymond James Financial Inc. Makes New Investment in Invesco BulletShares 2031 Municipal Bond ETF (NASDAQ:BSMV)

Raymond James Financial Inc. purchased a new stake in Invesco BulletShares 2031 Municipal Bond ETF (NASDAQ:BSMV) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm purchased 99,907 shares of the company’s stock, valued at approximately $2,091,000. Raymond James Financial Inc. owned about 2.22% of Invesco BulletShares 2031 Municipal Bond ETF as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of BSMV. Sterling Financial Group Inc. increased its holdings in shares of Invesco BulletShares 2031 Municipal Bond ETF by 1.1% in the fourth quarter. Sterling Financial Group Inc. now owns 47,940 shares of the company’s stock worth $1,003,000 after acquiring an additional 500 shares in the last quarter. First Command Advisory Services Inc. raised its stake in Invesco BulletShares 2031 Municipal Bond ETF by 17.5% in the fourth quarter. First Command Advisory Services Inc. now owns 4,568 shares of the company’s stock valued at $96,000 after buying an additional 681 shares during the period. Jacobi Capital Management LLC increased its holdings in shares of Invesco BulletShares 2031 Municipal Bond ETF by 6.0% in the fourth quarter. Jacobi Capital Management LLC now owns 12,348 shares of the company’s stock valued at $258,000 after purchasing an additional 700 shares during the last quarter. YANKCOM Partnership acquired a new stake in Invesco BulletShares 2031 Municipal Bond ETF during the fourth quarter worth approximately $44,000. Finally, Precedent Wealth Partners LLC grew its holdings in Invesco BulletShares 2031 Municipal Bond ETF by 4.5% in the 4th quarter. Precedent Wealth Partners LLC now owns 74,202 shares of the company’s stock valued at $1,553,000 after buying an additional 3,171 shares in the last quarter.

Invesco BulletShares 2031 Municipal Bond ETF Price Performance

NASDAQ BSMV opened at $20.65 on Monday. The firm has a 50-day moving average price of $20.92 and a two-hundred day moving average price of $21.04. Invesco BulletShares 2031 Municipal Bond ETF has a 12-month low of $20.55 and a 12-month high of $21.47.

Invesco BulletShares 2031 Municipal Bond ETF Increases Dividend

The business also recently declared a dividend, which was paid on Friday, March 28th. Investors of record on Monday, March 24th were paid a $0.0524 dividend. The ex-dividend date was Monday, March 24th. This is an increase from Invesco BulletShares 2031 Municipal Bond ETF’s previous dividend of $0.05.

Invesco BulletShares 2031 Municipal Bond ETF Company Profile

The Invesco BulletShares 2031 Municipal Bond ETF (BSMV) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-value-weighted index of investment-grade AMT-Free municipal bonds that mature by the end of 2031. BSMV was launched on Sep 15, 2021 and is managed by Invesco.